Marianne England

Written by Marianne England

Modified & Updated: 01 Jun 2024

Sherman Smith

Reviewed by Sherman Smith


Royal Enfield Classic 500 Pegasus is not just an ordinary motorcycle – it is a marvel on wheels, a true testament to the blend of vintage and modern aesthetics. If you are a motorcycle enthusiast, then you must have heard of the Classic 500 Pegasus and the unique story behind its creation. This limited edition beauty is a tribute to the iconic World War II RE/WD 125 ‘Flying Flea’ motorcycles, which were used extensively by the British paratroopers during the war. With only 1,000 units ever produced, the Classic 500 Pegasus has become a highly sought-after collector’s item.

Key Takeaways:

  • The Royal Enfield Classic 500 Pegasus is a rare and stylish motorcycle inspired by World War II military bikes, with only 1,000 units made, making it a must-have for collectors and history enthusiasts.
  • With its unique design, powerful performance, and limited production, the Classic 500 Pegasus is not just a bike, but also a valuable collector’s item that pays tribute to the bravery of soldiers from the past.
Table of Contents

Elegant Vintage Design

The Royal Enfield Classic 500 Pegasus showcases a stunning vintage design that pays homage to the military motorcycles used in World War II. Its unique military-inspired aesthetics make it a truly head-turning machine.

Exclusive Limited Edition

The Classic 500 Pegasus is a limited edition model, with only 1,000 units produced worldwide. This exclusivity adds to its desirability and makes it a coveted collector’s item.

Authentic Military Connection

This special edition bike is inspired by the legendary World War II Royal Enfield RE/WD 125 motorcycles used by the British Paratroopers. It carries the same sense of adventure and courage that these iconic motorcycles represented during wartime.

Unique Serial Numbering

Each Royal Enfield Classic 500 Pegasus comes with a unique and engraved serial number on the tank. This adds a touch of individuality and makes every bike truly one-of-a-kind.

Special Camouflage Colors

The Classic 500 Pegasus is available in two distinctive wartime-inspired colors: “Service Brown” and “Olive Drab Green.” These colors perfectly capture the essence of military heritage and add to the bike’s rugged appeal.

Historical Association

The Pegasus emblem found on the tank of the Classic 500 Pegasus is a direct reference to the insignia used by the British airborne forces during World War II. This emblem symbolizes bravery, freedom, and the spirit of adventure.

Enhanced Performance

Beyond its captivating looks, the Classic 500 Pegasus delivers a powerful performance. With its 499cc engine and robust performance capabilities, this bike offers an exhilarating riding experience, whether on city streets or open highways.

Thoughtful Attention to Detail

Every aspect of the Classic 500 Pegasus has been meticulously designed and crafted. From the hand-painted pinstripes and brown leather seats to the period-correct blacked-out exhaust and gearshift lever, no detail has been overlooked.

Commemorative Metal Tank Badges

Each bike comes with a commemorative metal tank badge, featuring the Pegasus emblem and the vehicle’s serial number. This badge highlights the exclusivity of the limited edition model and adds a touch of elegance to the bike.

Collector’s Value

Due to its limited production and unique design, the Royal Enfield Classic 500 Pegasus has already become a highly sought-after collector’s item. Its value is expected to appreciate over time, making it not only a fantastic ride but also a sound investment.


The Royal Enfield Classic 500 Pegasus is truly a remarkable motorcycle that packs a punch with its impressive features and unique design. From its limited-edition status to its historical significance, this bike captures the essence of classic British motorcycles. With only 1000 units produced worldwide, owning a Classic 500 Pegasus is a privilege that any motorcycle enthusiast would cherish. Whether you’re a collector or simply a fan of Royal Enfield, this bike is sure to turn heads wherever you go.


1. What is the significance of the name “Pegasus”?

The name “Pegasus” is inspired by the World War II military motorcycle, the Royal Enfield RE/WD 125cc ‘Flying Flea‘, which was used by British paratroopers during the war. The Pegasus emblem on the tank pays homage to this legendary motorcycle.

2. How many units of the Classic 500 Pegasus were produced?

Only 1000 units of the Classic 500 Pegasus were produced worldwide, making it an extremely limited-edition motorcycle. Each unit is individually numbered, adding to its exclusivity and collector’s value.

3. Are there any unique features of the Classic 500 Pegasus?

Yes, the Classic 500 Pegasus comes with several unique features, including a bespoke ‘Pegasus’ insignia on the fuel tank, a canvas panniers with leather buckle straps, a brown leather seat, and a period-style Royal Enfield logo on the toolbox.

4. Can I modify the Classic 500 Pegasus?

Modifying the Classic 500 Pegasus may impact its historical significance and resale value. It is advisable to maintain the bike in its original condition to preserve its authenticity and collectability.

5. What is the price of the Classic 500 Pegasus?

The price of the Classic 500 Pegasus may vary based on factors such as location and availability. It is recommended to contact your nearest Royal Enfield dealer for accurate pricing information.

Discover more fascinating facts about Royal Enfield motorcycles, from sleek Royal Enfield Stealth Black's extraordinary features to stunning Classic 500 Chrome's unbelievable details. Dive into the rich history of vintage motorcycles and their enduring legacy at iconic events like Vintage Motorcycle Days. Uncover the stories behind these legendary machines, each with its own unique character and timeless appeal. Whether you're a seasoned enthusiast or just starting your journey, there's always something new to learn about the world of classic motorcycles.

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